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Option agreements for land in Burry Port

Before you agree an option agreement on land near Burry Port, it helps to know exactly when you'd be paid, who carries the planning risk and how the price is set.

An option can capture more of your land's value where it needs a long planning journey, but the details matter. We explain every term before you commit.

  • Figures explained, so you can check them
  • Independent advice encouraged
  • We fund the planning work

Tell us about your land

Send the postcode and a rough size.

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Free and no obligation. We're the buyer, so there's no commission.

Land around Burry Port

The land we're most interested in near Burry Port sits on the edge of the built-up area or in the villages towards Llanelli (4 miles) and Gorseinon (9 miles).

TownBurry Port
CountyDyfed
CountryWales
Postcode districtSA16
OS grid squareSN40
Nearest towns we coverLlanelli (4 mi), Gorseinon (9 mi), Pontarddulais (9 mi)
Distance from CarmarthenAbout 12 miles south
Planning systemPlanning Policy Wales and Local Development Plan
When you're paidOption fee now, price when the option is exercised
Planning costsOurs, sometimes recoverable from the price
Two people in outdoor jackets walking along a hedgerow, one pointing across the field

When an option agreement suits land near Burry Port

  • Land being considered in a local plan review
  • Holdings where several owners need to work together
  • Owners who want to keep farming until development
  • Sites with technical issues that need time to resolve

An option can capture more of your land's value where it needs a long planning journey, but the details matter. We explain every term before you commit.

How the money works

Option fee

A payment on signing, which you usually keep even if the option isn't exercised.

Purchase price

Often a percentage of market value with permission, less agreed costs.

Exercise triggers

What has to happen before we can buy.

Your obligations

Agreements set what you can and can't do with the land in the meantime.

Land near Burry Port that an option agreement suits

Paddocks and equestrian land in Burry Port

Useful where the paddock could form part of a wider site.

Garden land and backland in Burry Port

Useful when several neighbours' gardens are being assembled.

Infill plots and gap sites in Burry Port

Seldom needed for single infill plots.

Brownfield land in Burry Port

Can suit larger brownfield sites with a longer planning route.

How a sale works

  1. Send us the address

    A postcode, a plan or a what3words location is enough to start.

  2. We do the homework

    We read the title and planning record and check flood risk and access.

  3. You get a written offer

    With the main figures behind it, so your adviser can check it.

  4. Solicitors complete the sale

    Exchange and complete, or exchange now and complete when planning is granted.

What Wales's rules mean for your land

Planning framework

Planning in Wales follows Planning Policy Wales, the national plan Future Wales and the Local Development Plan, prepared by the council or, in a national park, the park authority. When plans are reviewed, landowners can put land forward as a candidate site.

Section 106 and CIL

Section 106 agreements apply in Wales, and a small number of Welsh councils charge the Community Infrastructure Levy.

Awkward details we deal with

You're worried about the deductions

Ask for a clear list and a cap on what can be deducted. We'll explain each one.

You want to be sure we'll actually pursue planning

Agreements can include obligations to use reasonable endeavours and set milestones.

Useful to send us

  • A rough size, in acres or hectares
  • A plan, or a screenshot from an online map
  • Any planning applications or letters
  • How soon you'd ideally like to sell

Questions from landowners near Burry Port

Do I keep the option fee if you don't buy?

Normally, yes. The terms are set out in the agreement.

How is the price set?

Usually as a percentage of the land's market value once permission is granted, minus agreed costs, with a minimum price. The percentage and deductions are negotiated.

What's the difference between an option and a promotion agreement?

Under an option the buyer has the right to buy the land. Under a promotion agreement a promoter gets permission and then sells the land on the open market, taking a share of the proceeds. We offer options, not promotion agreements.

Can you visit land near Burry Port?

Yes. Once we've looked at the title and planning position, we arrange a site visit if the land looks suitable. Send the address or postcode to start.

Nearby towns

Other land types and routes

Ready to talk about your land in Burry Port?

Call 0800 088 6248 or send the details. There's no obligation.

Get an offerCall 0800 088 6248